New prospects for cooperation between Korea and Lam Dong

Korean businessmen visit and learn about Lam Dong 's agricultural products

Vietnam and Korea have had a friendly and cooperative relationship for more than 30 years; especially after the two countries upgraded to a "Comprehensive Strategic Partnership" in 2022. That relationship is not only limited to the political and diplomatic scope but also strongly spreads in areas such as culture, tourism, trade and investment... As a bridge between the business community, entrepreneurs, intellectual experts and investors of Vietnam - Korea and internationally, VKBIA not only promotes investment cooperation but also actively participates in activities to support local governments and local cooperation for sustainable development.

Many contents have been implemented by VKBIA in Lam Dong, such as: Policy consulting and local development, specifically exchanging, building strategies to attract investment and develop high-tech agriculture , tourism, trade and cultural exchange - key areas for Lam Dong. In particular, in tourism development, many years ago, VKBIA and its member units, which are Korean travel agencies, organized the first direct international flights (charter) from Korean airports to Lien Khuong airport, bringing thousands of Korean tourists to Lam Dong, attending the Da Lat Flower Festival, coordinating the organization of Vietnam - Korea golf tournaments and international golf tournaments combining resort tourism and investment..., opening a new direction, promoting, attracting and strongly developing the source of Korean tourists to Lam Dong, laying the foundation for regular flights in the future.

The two sides also promote bilateral trade and investment through organizing Korean business delegations to survey and connect in Lam Dong in particular and the Central Highlands region in general, as well as supporting local businesses to promote products and access the Korean market... VKBIA cooperates with Korean universities, research institutes and businesses to transfer high-tech agricultural production models, provide guidance on agricultural product quality standards according to Korean standards, support training and transfer of equipment, technology, human resource development... Cultural exchange activities - promoting local images are also actively coordinated by the two sides, contributing to spreading the image of Vietnamese localities, including Lam Dong, to international friends; and the image of Korea in festivals and events of Lam Dong province...

With a wide network of members - members who are entrepreneurs, experts, scholars and investors, VKBIA creates a strong connected ecosystem, effectively supporting international cooperation projects. Large corporations in Korea have also invested and oriented business development in Lam Dong province in recent times, such as CJ Group...

According to Dr. Tran Hai Linh - Chairman of VKBIA, in the near future, when the three provinces of Lam Dong - Dak Nong - Binh Thuan merge their administrative boundaries with the new province name Lam Dong, there will be outstanding features of the Southern Central Highlands and Central Coast, opening up a new development linkage area, rich in potential for high-tech agriculture, green industry, eco-tourism - resorts... Besides that, the diverse terrain, from highland mountains and forests to seas and islands, plus an abundant labor force, creating international connection opportunities between the new Lam Dong and other countries, including Korea... then surely, Lam Dong will continue to become an attractive destination for Korean and international investors...

Lam Dong is facing the opportunity to break through to become a green, sustainable development center of regional and international stature. With abundant potential, Lam Dong has many advantages in attracting investment from Korea in the fields of tourism (resort centers, nightlife, international sports events, development of high-end health care services, etc.), culture (the exchange between the two cultures of Vietnam and Korea is taking place strongly, and will continue to spread through exchange programs, art and cinema, etc.) and investment in developing green energy, green industry, processing industry, etc.

Source: https://baolamdong.vn/kinh-te/202505/trien-vong-hop-tac-han-quoc-va-lam-dong-moi-b7c1eaa/